D.S.S.: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
D.S.S.
Largest movements
- Cash -€3,452
down €3,452 (-45.1%), from €7,647 to €4,196
mainly Trade debts (-€6,876) and Receivables within one year (-€3,032)
- Receivables within one year +€3,032
up €3,032 (+4.4%), from €69,245 to €72,277
of which Trade receivables: +€6,116
- Stocks and contracts +€2,830
up €2,830 (+3.2%), from €88,753 to €91,583
- Other debts +€9,022
up €9,022 (+35.1%), from €25,733 to €34,754
- Trade debts -€6,876
down €6,876 (-28.7%), from €23,990 to €17,114
- Short-term financial debts -€1,865
no longer reported in 2025 (was €1,865)
- Gross operating margin +€19,513
up €19,513 (+98.7%), from €19,767 to €39,281
- Financial charges +€4,718
up €4,718 (+259.4%), from €1,819 to €6,537
- Staff costs -€754
down €754 (-2.5%), from €29,752 to €28,998
- Financial income +€739
up €739 (+15307.2%), from €5 to €744
- Other operating charges -€690
down €690 (-21.2%), from €3,249 to €2,559
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,328 | €169,106 | +€2,777 | +1.7% |
| Fixed assets | 21/28 | €683 | €150 | -€533 | -78.1% |
| Tangible fixed assets | 22/27 | €551 | €18 | -€533 | -96.8% |
| Plant, machinery and equipment | 23 | €551 | €18 | -€533 | -96.8% |
| Financial fixed assets | 28 | €132 | €132 | = | 0.0% |
| Current assets | 29/58 | €165,645 | €168,956 | +€3,311 | +2.0% |
| Stocks and contracts in progress | 3 | €88,753 | €91,583 | +€2,830 | +3.2% |
| Stocks | 30/36 | €88,753 | €91,583 | +€2,830 | +3.2% |
| Amounts receivable within one year | 40/41 | €69,245 | €72,277 | +€3,032 | +4.4% |
| Trade receivables | 40 | €9,511 | €15,627 | +€6,116 | +64.3% |
| Other amounts receivable | 41 | €59,734 | €56,649 | -€3,085 | -5.2% |
| Cash at bank and in hand | 54/58 | €7,647 | €4,196 | -€3,452 | -45.1% |
| Deferred charges and accrued income | 490/1 | - | €901 | +€901 | |
| Total equity and liabilities | 10/49 | €166,328 | €169,106 | +€2,777 | +1.7% |
| Equity | 10/15 | €94,838 | €96,109 | +€1,271 | +1.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €32,838 | €34,109 | +€1,271 | +3.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €32,838 | €34,109 | +€1,271 | +3.9% |
| Amounts payable | 17/49 | €71,490 | €72,997 | +€1,506 | +2.1% |
| Amounts payable within one year | 42/48 | €71,490 | €72,997 | +€1,506 | +2.1% |
| Financial debts | 43 | €1,865 | - | -€1,865 | |
| Credit institutions | 430/8 | €1,865 | - | -€1,865 | |
| Trade debts | 44 | €23,990 | €17,114 | -€6,876 | -28.7% |
| Suppliers | 440/4 | €23,990 | €17,114 | -€6,876 | -28.7% |
| Taxes, remuneration and social security | 45 | €19,902 | €21,128 | +€1,226 | +6.2% |
| Taxes | 450/3 | €19,902 | €21,128 | +€1,226 | +6.2% |
| Other amounts payable | 47/48 | €25,733 | €34,754 | +€9,022 | +35.1% |
| Remuneration, social security and pensions | 62 | €29,752 | €28,998 | -€754 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €890 | €533 | -€357 | -40.1% |
| Other operating charges | 640/8 | €3,249 | €2,559 | -€690 | -21.2% |
| Gross operating margin | 9900 | €19,767 | €39,281 | +€19,513 | +98.7% |
| Operating profit (loss) | 9901 | -€14,123 | €7,191 | +€21,314 | |
| Financial income | 75/76B | €5 | €744 | +€739 | +15307.2% |
| Recurring financial income | 75 | €5 | €744 | +€739 | +15307.2% |
| Financial charges | 65/66B | €1,819 | €6,537 | +€4,718 | +259.4% |
| Recurring financial charges | 65 | €1,819 | €6,537 | +€4,718 | +259.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,937 | €1,398 | +€17,335 | |
| Income taxes | 67/77 | €0 | €127 | +€127 | |
| Profit (loss) for the period | 9904 | -€15,937 | €1,271 | +€17,208 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,937 | €1,271 | +€17,208 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.